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Yours for £1.3m a year: live like a king in Mayfair mansion rental

by News Room
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While the £108,333 per month rent (about the price of the average London first-time buyer deposit) might seem like ‘money down the drain’, Peter Wetherell, founder and chairman of Wetherell estate agents, says with stamp duty for foreigners buying such high value properties at 19 per cent, many ultra high net worth individuals might consider it money well spent.

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